Eastern Europe: Artificial Staple Fibre Market 2024

Artificial Staple Fibre Market Size in Eastern Europe

The East European artificial staple fibre market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Artificial Staple Fibre Production in Eastern Europe

In value terms, artificial staple fibre production soared to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Artificial Staple Fibre Exports

Exports in Eastern Europe

In 2022, after four years of decline, there was significant growth in overseas shipments of artificial staple fibres, when their volume increased by X% to X tons. Overall, exports, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, artificial staple fibre exports skyrocketed to $X in 2022. In general, exports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Russia (X tons) and the Czech Republic (X tons) represented the main exporters of artificial staple fibres in Eastern Europe, together constituting X% of total exports. Bulgaria (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Romania (X%). Lithuania (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X), Bulgaria ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial staple fibre export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Artificial Staple Fibre Imports

Imports in Eastern Europe

In 2022, the amount of artificial staple fibres imported in Eastern Europe soared to X tons, jumping by X% compared with the year before. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, artificial staple fibre imports surged to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The countries with the highest levels of artificial staple fibre imports in 2022 were Bulgaria (X tons), the Czech Republic (X tons) and Russia (X tons), together resulting at X% of total import. It was distantly followed by Romania (X tons), mixing up an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Russia (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest artificial staple fibre importing markets in Eastern Europe were the Czech Republic ($X), Bulgaria ($X) and Russia ($X), together comprising X% of total imports.

In terms of the main importing countries, Russia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial staple fibre import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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